NOT LISTED FOR SALE

605 Monroe Ave Carolina Beach, NC 28428

Estimated Value: $824,000 - $1,516,000

0.22 Acre
$4,683,591 Price per Acre
9,375 Sq Ft Lot

Last Sold December 23, 2022

Last sale price $260,000

Est. 296% increase in value since last sale

Current estimated payment $5,704/month

82 Days on Market

Highlights

  • No HOA
  • Tennis Courts
  • Level Lot
  • Carolina Beach Elementary School Rated A-
  • Park

About This Lot

As of December 2022

Beautiful, oversized, ready to build piece of land in one of the island most desirable areas. Walking distance to the state park, local brewery ,restaurants, and the beach! Buy and build your dream home when you are ready without an HOA and without flood insurance!

Last Agent to Sell the Property

Brad Jones Jones Property Group

Coldwell Banker Sea Coast Advantage-CB Listed on: 08/31/2022

Coldwell Banker Sea Coast Advantage-CB

Last Buyer's Agent

Brad Jones Jones Property Group

Coldwell Banker Sea Coast Advantage-CB Listed on: 08/31/2022

Coldwell Banker Sea Coast Advantage-CB

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,328

Lot Details

  • 9,375 Sq Ft Lot
  • Lot Dimensions are 75x125
  • Level Lot
  • Cleared Lot
  • Property is zoned R-3

Schools

  • Carolina Beach Elementary School
  • Murray Middle School
  • Ashley High School

Utilities

  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number R08817-017-010-000

Community Details

Overview

  • No Home Owners Association
  • Heart Of Carolina Beach Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$1,328

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 75

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Utilities: Community Sewer, Community Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Basketball, Park, Playground, Tennis

Lot Info

  • Deed Book: 6526
  • Deed Page: 1142.00
  • Lot Dimensions: 75x125
  • Lot Sq Ft: 9375.00
  • Lot Water Features: None
  • Zoning: R-3
  • Cleared Acres: 0.22
  • Acres: 0.22
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 1313636.36
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared, Level

Tax Info

  • Tax Identifier: R08817-017-010-000
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 1328.25

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2023
Sold by
Port City Capital Llc
Bought by
Jordan Dory L and Jordan Brandon M
Current Estimated Value
$1,030,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,118
Outstanding Balance
$708,093
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$322,297

Purchase Details

Listed on
Aug 31, 2022
Closed on
Dec 1, 2022
Sold by
Gna Investments Llc
Bought by
Port City Capital Llc
Seller's Agent
Brad Jones Jones Property Group
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Brad Jones Jones Property Group
Coldwell Banker Sea Coast Advantage-CB
List Price
$325,000
Sold Price
$260,000
Premium/Discount to List
-$65,000
-20%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.81%

Purchase Details

Listed on
May 12, 2021
Closed on
Dec 17, 2021
Sold by
Capillary Charles A and Capillary Mary Elizabeth
Bought by
Gna Investments Llc
Seller's Agent
Brad Jones Jones Property Group
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Connie Barber
eXp Realty
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%
Original Mortgage
$637,000
Interest Rate
2.34%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jordan Dory L $340,000 None Listed On Document
Port City Capital Llc $260,000 --
Port City Capital Llc $260,000 None Listed On Document
Gna Investments Llc $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Dory L $726,118
Previous Owner Gna Investments Llc $637,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2022 12/23/22 Sold $260,000 -10.0% --
11/21/2022 11/21/22 Pending -- -- --
11/11/2022 11/11/22 Price Changed $289,000 -3.3% --
11/01/2022 11/01/22 Price Changed $299,000 -8.0% --
08/31/2022 08/31/22 For Sale $325,000 +35.4% --
01/03/2022 01/03/22 Sold $240,000 -4.0% -- View Prior Sale
11/24/2021 11/24/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $250,000 0.0% --
05/12/2021 05/12/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $250,000 -- --
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,626 $383,300 $235,600 $147,700
2023 $2,626 $235,600 $235,600 $0
2022 $1,579 $235,600 $235,600 $0
2021 $1,328 $192,500 $192,500 $0
2020 $582 $72,800 $72,800 $0
2019 $582 $72,800 $72,800 $0
2018 $568 $72,800 $72,800 $0
2017 $579 $72,800 $72,800 $0
2016 $555 $64,700 $64,700 $0
2015 $523 $64,700 $64,700 $0
2014 $510 $64,700 $64,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100347041

Hive MLS

APN: R08817-017-009-000